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Need help with this, thanks a lot: A person purchased a bond 3 years ago. The quarterly coupon payment has decreased in each of the
Need help with this, thanks a lot:
A person purchased a bond 3 years ago.
The quarterly coupon payment has decreased in each of the last 5 quarters.
You can say that they most likely purchased:
MC Options:
A: An income bond
B:A floating rate bond
C: A put bond
D:A convertible bond
E; A zero coupon bond
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